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. >>> anyway, new developments this morning in the phone hacking scandal that's rocking rupert murdoch's media empire. just minutes ago, the assistant police commissioner, john yates resigned. this follows the resignation of scotland yard's top official this weekend and the arrest of one of murdoch's closest associates. nbc's stephanie gosk is live in london. stephanie, when you hear about all of these resignations. some in government, some in news corp, it draws the picture of what was apparently a very tight-knit, closed circle between the government and the media in london. does it not? >> reporter: well, yeah, it does, chuck. this story started off about phone hacking and it very quickly has become a story about influence. this has really been an amazing 24 hours here. you have two high-level officials from scotland yard. the chief of police, sir paul stephenson, and his deputy, john yates, resigning. and then on top of that, his organization, his department, arrests a top executive at news corp, a trusted executive, rebekah brooks, who has been a lightning rod in this scandal. now,
. >>> anyway, new developments this morning in the phone hacking scandal that's rocking rupert murdoch's media empire. just minutes ago, the assistant police commissioner, john yates resigned. this follows the resignation of scotland yard's top official this weekend and the arrest of one of murdoch's closest associates. nbc's stephanie gosk is live in london. stephanie, when you hear about all of these resignations. some in government, some in news corp, it draws the picture of what...
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rupert murdoch, his son james, and rebecca brooks will be testifying before the committee. will they tell the truth? >> if they don't and people find out they haven't, more trouble for news corp and more trouble for rup ert murdoch. >> as far as his media empire, we know the entities that he has here in the united states. what does this now do to his reputation? the stock has taken a major hit. >> it's terrible for murdoch's reputation and one of the former news of the world employees told me he is 80 years old, he may not be at the top of his game anymore, and news corp is struggling to repair its reputation and it's hard at this point. >> where does this now go? what is his next step? he obviously lost a multimillion dollar deal with the satellite television division in europe. what happens? what goes -- what's the next shoe to drop? >> it goes beyond news corp. this morning, david cameron is in south africa on a state visit and is answering questions at press conferences about this. and it's hurting his political standing. so, he might be vulnerable as well. >> they'll t
rupert murdoch, his son james, and rebecca brooks will be testifying before the committee. will they tell the truth? >> if they don't and people find out they haven't, more trouble for news corp and more trouble for rup ert murdoch. >> as far as his media empire, we know the entities that he has here in the united states. what does this now do to his reputation? the stock has taken a major hit. >> it's terrible for murdoch's reputation and one of the former news of the world...
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on sunday they arrested rebekah brooks, i high-level trusted executive of rupert murdoch. her lawyer today said that this arrest took her by surprise, that she is not -- that she says she is not guilty of any criminal wrongdoing and that they held her for nine hours yesterday without presenting her with formal allegations or with actual evidence of any wrongdoing. richard. >> all right, thank you, stephanie. nbc's stephanie gosk with the latest on that. news corp published two full-page ads in the british press this weekend, including an apology from rupert murdoch. here's part of the second ad. saying, quote, apologizing for our mistakes and fixing them are only first steps. it may take some time for us to rebuild trust, end quote. let's bring in nbc news national investigative correspondent, michael isikoff. michael, good morning to you. how big of a threat is this in the news of news corp and this scandal? >> it's clearly becoming a bigger and bigger threat. what most people don't realize is that news corp is a huge u.s. media company that owns everything from 20th cent
on sunday they arrested rebekah brooks, i high-level trusted executive of rupert murdoch. her lawyer today said that this arrest took her by surprise, that she is not -- that she says she is not guilty of any criminal wrongdoing and that they held her for nine hours yesterday without presenting her with formal allegations or with actual evidence of any wrongdoing. richard. >> all right, thank you, stephanie. nbc's stephanie gosk with the latest on that. news corp published two full-page...
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rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a major distraction, which could
rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi...
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murdoch is such a rich man. now we're reading about all the minneapolis millions of dollars in settlements throughout the years. that murdoch has paid in the past. so, the question is -- >> right, right. >> can he, can this company continue to pay its way out of such a devastating problem? >> i think it's going to be a challenge. it's long been said on wall street there's a bit of a murdoch discount, if you will, for murdoch shares. the company doesn't seem it always operates exactly for shareholders. it operates for rupert first. he has about a 38% controlling or voting stake. he will have discretion to do what he wants. buying "the wall street journal," for example, is something that the rest of the company and its shareholders wouldn't necessarily would have wanted to do. rupert, to the extent he is seen as weighing down shares and hurting kpt will hurt him going forward. and he is an 80-year-old man. a lot of of people are wondering, especially given how bad this has gotten, he can run a company. >> thanks.
murdoch is such a rich man. now we're reading about all the minneapolis millions of dollars in settlements throughout the years. that murdoch has paid in the past. so, the question is -- >> right, right. >> can he, can this company continue to pay its way out of such a devastating problem? >> i think it's going to be a challenge. it's long been said on wall street there's a bit of a murdoch discount, if you will, for murdoch shares. the company doesn't seem it always operates...
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as billionaire media mogul rupert murdoch prepares for a grilling from parliament. >>> and on top of the world. japan beats the u.s. team at the world cup, giving a nation battered by natural disaster and nuclear calamities a big reason to smile, "today," monday, july 18th, 2011. captions paid for by nbc-universal television >>> welcome to "today" on this monday morning. i'm ann curry. >> and i'm lester holt in for matt. i think we both watched that match yesterday. you've got to feel good about the u.s. team. we were disappointed, but what a performance they put on and what a great thing they did for american soccer. >> that's right. for women's soccer, particularly, bringing it to a new level of cool. men and boys, women and girls, nationwide, watching them play. i think that they're winners in that regard. >> and the japanese certainly have something to feel good about after a really rough year. and i love the fact they thanked the world for the support they have had. >> and they continue to thank, actually, after every game. so it's a pretty exciting bit. >>> in the meantime, ano
as billionaire media mogul rupert murdoch prepares for a grilling from parliament. >>> and on top of the world. japan beats the u.s. team at the world cup, giving a nation battered by natural disaster and nuclear calamities a big reason to smile, "today," monday, july 18th, 2011. captions paid for by nbc-universal television >>> welcome to "today" on this monday morning. i'm ann curry. >> and i'm lester holt in for matt. i think we both watched that...
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one, an apology directly from murdoch. the second, a list of what news corp will do to make it right and an admission. "apologizing for our mistakes and fixing them are only first steps," the statement reads. "it may take some time for us to rebuild trust." >> that was stephanie gorvsk reporting. we want to get a check on business before the bell i know back's melissa frances, who is live at the new york stock exchange today. melissa, let's get a sense of how news corp has been asked by this already. the stock slump continues despite last week's share buyback. so what does this mean for american holdings, for u.s. holdings? >> yeah, we're watching the stock get hammered again this morning. it was hammered over the weekend on all of this breaking news. and rupert murdoch issued a $5 billion stock buyback last week. this is something he hates. he absolutely hates parting with money, but he had no choice. and shareholders really liked the buyback. he's got more than $11 billion in cash on hand at the company. they generate ab
one, an apology directly from murdoch. the second, a list of what news corp will do to make it right and an admission. "apologizing for our mistakes and fixing them are only first steps," the statement reads. "it may take some time for us to rebuild trust." >> that was stephanie gorvsk reporting. we want to get a check on business before the bell i know back's melissa frances, who is live at the new york stock exchange today. melissa, let's get a sense of how news corp...
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as will rupert murdoch and his son james, here in london in the afternoon. that is latest from here, back to you, jenna. jenna: we'll continue to watch the developments, amy thank you very much for that. a major search is underway for a missing mother of triplets, where she was last seen and who police are calling a person of interest in her disappearance straight ahead. also people all across this country are facing sorbgs well, dangerous heat. one of the things we hear a lot of is stay hydrated, drink eight glasses of water aeu day. is there a scientific base for doing that? how much do we really need? what we can do to prevent heatstroke. we'll tell you all that straight ahead. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. jon: the son and girlfriend of a prominent pharmaceutical executive are both dead, events that happened within five days of each other in separate incidents at the ceo's
as will rupert murdoch and his son james, here in london in the afternoon. that is latest from here, back to you, jenna. jenna: we'll continue to watch the developments, amy thank you very much for that. a major search is underway for a missing mother of triplets, where she was last seen and who police are calling a person of interest in her disappearance straight ahead. also people all across this country are facing sorbgs well, dangerous heat. one of the things we hear a lot of is stay...
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murdoch, his son james and ms. brooks are set to testify before a parliamentary inquiry tomorrow. you can hear it live at 9:30 a.m. eastern here on c-span radio. those are some of the latest headlines. >> had ever visited the library of congress? over 2 million people have and now this is your chance to tour the world's largest library. tonight, join c-span for a rare glimpse inside the library of congress. we will take you into the great hall and explore the main reading room. unique books and rare books and special collections including original books from thomas jefferson's personal collection. but we will see how the library is using modern technology to discover hidden secrets and preserve its holdings for future generations. join us for the library of congress tonight at 8:00 p.m. eastern and pacific on c-span. host available on television, radio, online and social media networking sites. fine air content any time through seas and video library. -- find our content any time through c-span video library. it is washington, your way, the c-span network now available and more th
murdoch, his son james and ms. brooks are set to testify before a parliamentary inquiry tomorrow. you can hear it live at 9:30 a.m. eastern here on c-span radio. those are some of the latest headlines. >> had ever visited the library of congress? over 2 million people have and now this is your chance to tour the world's largest library. tonight, join c-span for a rare glimpse inside the library of congress. we will take you into the great hall and explore the main reading room. unique...
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hacking by british journalists, including the upcoming produce committee hearing tomorrow, with rupert murdoch, his son james, and rebekah brooks. the house is expected to kick up a measure today that will allow churches to merge their pension funds with other funds. still expecting the house to come in later today at 6:30 eastern for a vote. live on c-span. >> tonight on "the communicators," robert mcdowell on the fcc actions this week to begin cracking down on on authorized charges on phone bills. that and other news from the s.e.c. tonight on "communicators." >> with titles like "slander" and "demonic," ann coulter has something to say. you are invited to treat the syndicated columnist for three hours, starting at noon eastern, live on c-span to. >> you are watching c-span, bringing you politics and public affairs. every morning, it is washington journal, connecting with elected officials, policy makers, and journalists. weekdays, watch the u.s. house. also, supreme court oral arguments. on the weekends, you can see our signature interview program. on saturdays, the communicators. on sunday
hacking by british journalists, including the upcoming produce committee hearing tomorrow, with rupert murdoch, his son james, and rebekah brooks. the house is expected to kick up a measure today that will allow churches to merge their pension funds with other funds. still expecting the house to come in later today at 6:30 eastern for a vote. live on c-span. >> tonight on "the communicators," robert mcdowell on the fcc actions this week to begin cracking down on on authorized...